I move amendment No. 57:
In page 24, subsection (3), lines 16 to 19, to delete paragraphs (a) and (b) and substitute the following:
"(a) such time in the year concerned, or
(b) if appointment is made after the commencement of the provision aforesaid and after the 1st day of October in any year, such time in the next follwoing year,".
This is a drafting amendment making a correction to the original wording.
Amendment agree to.
Section 19 is a technical section which deals with the arrangements for making statements — the timing of the first statement and so on — covered by Part IV of the Bill. It covers the format of annual statements. The information required will be set out by the Minister for Finance in simple language. We have provisions for the first and subsequent statements and their timing, which mirror the provisions on timing covered by Parts II and III of the Bill.
Will the Minister elaborate on section 19 (4) which states that, in annual statements made by Oireachtas Members and office holders, it will not be necessary to specify the amount or value of any interest or any remuneration from any outside occupation. What exactly does this mean? Does one declare the interest but not the amount?
One declares the interest, such as a shareholding in company X, but one is not obliged to say how much that shareholding is.
